Plano-based CorroHealth, a leading healthcare technology and RCM company, has acquired the Xtend healthcare revenue cycle management business from Navient.
The company said the acquisition further positions it as a leader in revenue cycle management consultancy and technology.
Terms of the deal were not disclosed.
“This is a significant step forward for CorroHealth and for our clients. Adding the talented and knowledgeable Xtend staff to the clinically led CorroHealth team adds a powerful new layer of financial security for our clients,” CorroHealth CEO Pat Leonard said in a statement. “These new services will take additional burden off our clients and allow them to focus on providing high quality healthcare.”
The deal provides significant scale to CorroHealth’s existing RCM offerings as well as new patient engagement capabilities, the company said. Specifically, this new service will enable multichannel patient communications, an essential element that was not previously in the CorroHealth suite of services.
CorroHealth said the move positions it as one of the broadest and most complete clinical and financial end-to-end solutions in the market.
More than 925 Xtend employees join CorroHealth
More than 925 Xtend employees have joined the CorroHealth team, as part of the transaction.
“The entire Xtend team is excited to join a world-class revenue cycle management leader like CorroHealth,” Xtend Healthcare President Mike Morris said. “As part of the CorroHealth team, we now have a broader scope of capabilities and automation tools to offer our customers.”
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
With "lots of options for work and play," green space aplenty, and a welcoming vibe, Plano made Outdoor Magazine's cut of havens for happy living. The city also boasts the No. 1 park system in Texas per the Trust for Public Land and has a master plan to stay on top.
-
As part of a nationwide effort, the NFEC chose Texas as one of its initial launch states because of the demonstrated need for greater economic empowerment among Texans.
-
Four months after its e-scooters reappeared on Dallas streets, Lime's rental electric scooters have migrated north to Plano, where up to 250 will be appearing "in an organized manner over time."
-
Sysgration America Corporation—which manufactures everything from industrial-grade AR/VR glasses to industrial PCs, lithium green energy battery packs, and more—is moving into a facility in the 800-acre technology/light industrial park in southeast Plano.
-
Pickleball Kingdom is joining a hot list of other pickleball venues coming to North Texas, including Pickle and Social in Frisco, Picklemall in Dallas, and The Picklr in Dallas and Fort Worth. Additional Pickleball Kingdom facilities are slated for Keller and other North Texas locations.
